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12386 Marquess Way

Lake Elmo, MN 55042

3 bd 3 ba 2,917 sqft Built 2002 Lot 10,803 sqft single_family
Most recent sale
$530,000
Dec 2, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 2, 2021 Sold $530,000 MLS #6118839
Oct 22, 2021 Listed $509,900 MLS #6118839
Jun 27, 2002 Sold $300,782 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $399,100 $135,000 $534,100 $5,218
2024 $402,900 $195,000 $597,900 $6,154
2023 $367,600 $162,700 $530,300 $4,676
2022 $308,100 $135,000 $443,100 $4,618
2021 $297,500 $122,500 $420,000 $3,932
2020 $301,300 $125,000 $426,300 $4,008
2019 $283,600 $124,900 $408,500 $4,074
2018 $266,500 $124,400 $390,900 $3,916
2017 $265,200 $121,200 $386,400 $3,786
2016 $246,200 $131,500 $377,700 $3,844
2015 $220,300 $128,000 $348,300 $3,566
2014 $225,700 $81,700 $307,400 $3,528
2013 $181,100 $78,800 $259,900 $2,840
2012 $181,100 $78,800 $259,900 $2,826
2011 $192,400 $83,400 $275,800 $2,830
2010 $197,700 $106,100 $303,800 $2,656
2009 $337,600 $2,778
2007 $386,100 $3,206
2006 $365,400 $3,054

Property facts

Year built
2002
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,917 sqft
Lot size
10,803 sqft
ZIP code
55042
City
Lake Elmo
Street
Marquess Way
Coordinates
45.02718, -92.85680

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,376
Gross rental yield
9.91%
Implied cap rate
6.44%
Trend-extrapolated value

Frequently asked questions

When did 12386 Marquess Way last sell?
12386 Marquess Way most recently sold on Dec 2, 2021 for $530,000.
What is the current tax assessment for 12386 Marquess Way?
The most recent total assessment for 12386 Marquess Way (year 2025) is $534,100 with $5,218 in property tax.
How does 12386 Marquess Way's assessment compare to its last sale price?
The current assessment is 0.8% above the last sale price of $530,000.
When was 12386 Marquess Way built?
12386 Marquess Way was built in 2002.
How does 12386 Marquess Way compare to others on Marquess Way?
We track 8 other properties on Marquess Way. Browse the list under "Other properties on Marquess Way" to compare beds, baths, and sale history.
What are the property facts for 12386 Marquess Way?
12386 Marquess Way is a 3 bed, 3 bath, 2,917 sqft, 10,803 sqft lot single_family.
Is 12386 Marquess Way a flip candidate?
No — 12386 Marquess Way does not appear in our flips dataset.
Is 12386 Marquess Way a tax-appeal candidate?
No — 12386 Marquess Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.2%
Implied 1-yr
-0.7%
2026 Q3
$832.2K
2026 Q4
$830.8K
ZIP 55042 — Median Price History + Forecast

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